How much will it cost in new taxes?
How good will the quality be compared to what I receive now?
How easy will enrollment be, and do I qualify?
Can I keep my Doctor or will I have to find a different one?
Will the Universal Health Care plan cover everything or are their procedures and tests that will have to be paid out of pocket?
Is there a cap to how much will be spent per year from my Universal Health Care plan?
Because clear answers to these questions are avoided by President Obama and its political supporters, let’s review some basic economics to help shed light on the daunting task of Universal Health Care.
Like any other service driven industry there is a balance between cost, availability, and quality. We will look at a couple of scenarios to understand this balance.
The current system of health care, as imperfect as it may be, is driven by a balance of quality and cost. As a result the better quality health care you receive the more it will cost. Because of that, not as many people will be able to get it because it is expensive. In a system that keeps cost as low as it is in the current system and makes it available to everyone will result in a poor quality. Imagine the influx of patients into Primary Care and General Practitioners offices if all the sudden everyone in your area had health insurance. Getting an appointment would become impossible, especially a sick appointment. Appointment times would be shorter to get everyone seen in the same day; many would be seen by some sort of auxiliary staff instead of a physician. These adjustments in the local doctors office is only the tip of the iceberg. Take this system to the hospital setting and imagine the differences in quality of care.How do you fix the problem with quality but keep it available to as many as possible? Take in more money, or raise cost, to hire more doctors and staff. In order for every American to have access to the quality care that the members of Congress receive now, cost would have to skyrocket significantly.
In conclusion the demise of Universal Health Care would be paved with good intentions, and as much as we mean the best for every American, the fallout would be a poor Health Care System for every American.